Common use of Possession of the Premises Clause in Contracts

Possession of the Premises. Tenant’s failure to take possession: If, after signing this Agreement, Tenant fails to take possession of the premises, Tenant will still be responsible for paying rent and complying with all other terms of this Agreement. Landlord’s failure to deliver possession: If Landlord is unable to deliver possession of the premises to Tenant for any reason not within Landlord’s control, including, but not limited to, partial or complete destruction of the premises, Tenant will have the right to terminate this Agreement upon proper notice as required by law. In such event, Landlord’s liability to Tenant will be limited to the return of all sums previously paid by Tenant to Landlord.

Possession of the Premises. TenantXxxxxx’s failure to take possession: If, after signing this Agreement, Tenant Xxxxxx fails to take possession of the premises, Tenant Xxxxxx will still be responsible for paying rent and complying with all other terms of this Agreement. LandlordXxxxxxxx’s failure to deliver possession: If Landlord is unable to deliver possession of the premises to Tenant for any reason not within Landlord’s control, including, but not limited to, partial or complete destruction of the premises, Tenant will have the right to terminate this Agreement upon proper notice as required by law. In such event, LandlordXxxxxxxx’s liability to Tenant will be limited to the return of all sums previously paid by Tenant to Landlord.